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☆ Morning-after pill sales surge online, telehealth companies say, as women prepare for second Trump term
▼ + stars: | 2024-11-12 | by ( Jacqueline Howard | ) edition.cnn.com time to read: +6 min

At Wisp, which offers two types of emergency contraception online, sales of those medications went up about 1,000% in just one day after Tuesday’s election. “We are seeing women actually stockpile emergency contraception pills,” Cepak said. “When you attack one piece of reproductive health care, it really has a ripple effect,” Friedrich-Karnik said. “People who need abortion care often also at some point need contraception, and people who need contraception might eventually need maternal health care,” she said. “People’s lives are fluid like that, and this care is fluid, and you can’t attack one piece of reproductive health care without really impacting the whole range of care that people need.”

Persons: Donald Trump, Trump, Monica Cepak, “, ” Cepak, ”, Cynthia Plotch, it’s, ” Plotch, That’s what’s, It’s, ’ ”, Clayton Alfonso, ‘ I’ve, ’ ” Alfonso, Court’s Dobbs, Roe, Wade, Dr, Sanjay Gupta, Amy Friedrich, Karnik, ” Friedrich Organizations: CNN —, “, Winx, Duke Health, American College of Obstetricians, Trump, Heritage Foundation, Republican, CNN, CNN Health, Guttmacher Institute Locations: United States, North Carolina

☆ I’m a neuroscientist who taught rats to drive − their joy suggests how anticipating fun can enrich human life
▼ + stars: | 2024-11-12 | by ( Analysis Kelly Lambert | The Conversation | ) edition.cnn.com time to read: +10 min

After we published our research, the story of driving rats went viral in the media. The tale of rat tailsIt wasn’t just the effects of anticipation on rat behavior that caught our attention. While it’s vital to study negative emotions such as fear and stress, positive experiences also shape the brain in significant ways. As animals – human or otherwise – navigate the unpredictability of life, anticipating positive experiences helps drive a persistence to keep searching for life’s rewards. That’s a lesson my lab rats have taught me well.

Persons: –, John McManus, Kitty Hartvigsen, neuroscientists, what’s, Jaak Panksepp, ’, jomo ’, Curt Richter, Dr, Sanjay Gupta Organizations: CNN, jomo, Get CNN, CNN Health Locations: Rat, behaviorceuticals

☆ Maryland man wanted after arsenal of weapons found, including 3D-printed ‘ghost guns’
▼ + stars: | 2024-11-12 | by ( Alex Stambaugh | ) edition.cnn.com time to read: +3 min

CNN —Authorities in Maryland are searching for a man facing several weapons charges after a colorful arsenal of firearms, including illegal “ghost guns,” was found in his home. A later search found multiple 3D-printed “ghost guns” without serial numbers, semi-automatic rifles, handguns and shotguns. The use of ghost guns is on the rise across the country with the Biden administration telling the Supreme Court that police departments have faced an “explosion of crimes involving ghost guns” in recent years. In 2017, police submitted about 1,600 ghost guns recovered at crime scenes for tracing. The Biden administration has tightened regulation on ghost guns as part of a series of actions related to gun safety.

Persons: ”, Adam Taylor, Taylor, Biden, Garland Organizations: CNN, Authorities, Police, Mary’s County Sheriff’s, Alcohol, Tobacco, Firearms, Explosives, Biden Locations: Maryland, Lexington Park, Washington, DC, St, Mary’s County

☆ She works 50-hour weeks at her day job, runs her clothing side hustle at night—it got a $250,000 offer on 'Shark Tank'
▼ + stars: | 2024-11-12 | by ( Alex Koller | ) www.cnbc.com time to read: +1 min

Ashley Sankar works 10 to 12 hours per day at her day job, comes home and spends another six to eight hours trying to build her side business. On Friday's episode of ABC's "Shark Tank," some of her extra work seemingly paid off. The founder of Phoenix-based clothing startup NineteenTwenty pitched her company's attire on the show, alongside her husband and part-time COO Zach Sankar. The pair started selling clothes in December 2022, and brought in $269,000 in annual revenue last year, Zach Sankar said. "That's all we can afford," Ashley Sankar said.

Persons: Ashley Sankar, Zach Sankar, They've, they've, would've, who've, Ashley Sankar's Organizations: Phoenix, U.S . Army, Amazon Locations: NineteenTwenty

☆ China's biggest shopping event of the year exceeds low expectations
▼ + stars: | 2024-11-12 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +1 min

BEIJING — China's Singles' Day shopping festival saw consumers spend more than expected in what has otherwise been a tepid retail environment, consulting executives told CNBC. "I do think for many brands it probably will have turned out a bit better than they thought, but on a low level. Probably nobody would say we hit it out of the ballpark," said Chris Reitermann, CEO of Ogilvy APAC and Greater China. Many multinational corporations that sell consumer products in China are more cautious on the market, if not struggling, Reitermann said. But he pointed out many of the companies are still "very profitable" in the country, even if their growth has slowed to the low single digits, instead of high double digits.

Persons: Major, Chris Reitermann, Ogilvy APAC, Reitermann, Alibaba, JD.com Organizations: BEIJING, CNBC, WPP China Locations: Greater China, China, GMV

☆ Four storms churning the West Pacific at the same time mean more bad news for the Philippines
▼ + stars: | 2024-11-12 | by ( Helen Regan | Robert Shackelford | ) edition.cnn.com time to read: +5 min

CNN —Four separate storm systems are churning their way through the West Pacific simultaneously, a rare occurrence resulting from warmer oceans that threatens to bring more misery to the storm-weary Philippines. Satellite images from the Joint Typhoon Warning Center show the four storms spanning the vast West Pacific basin, from Vietnam to Guam. They are Typhoon Yinxing, Typhoon Toraji, Tropical Storm Usagi and Tropical Storm Man-Yi. The fourth storm on the heels of Usagi is Tropical Storm Man-Yi, which is currently about 430 kilometers (265 miles) east of Rota, Guam. Man-Yi is expected to continue moving west, reaching typhoon strength Friday morning, and could potentially hit the northeastern Philippines by early next week.

Persons: It’s, Yinxing, Trami, Charism Sayat, Ferdinand Marcos Jr, we’re, ” Marcos, ”, Toraji, Yi, Usagi, Rey, Gaemi Organizations: CNN, West Pacific, Japan’s Meteorological Agency, Typhoon, Tropical, Getty, Typhoon Kong Locations: West, Vietnam, Guam, Philippines, Polangui, Albay, South, Manila, AFP, China, Hainan Province, Cagayan, Iloco Norte, Luzon’s Aurora Province, Luzon, Rota, Bato, Camarines Sur province South, Typhoon, Asia, Southeast Asia

☆ Want to cash in on China's stimulus? Here's what the pros expect next
▼ + stars: | 2024-11-12 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +3 min

Chinese markets are back in the spotlight after a slew of government stimulus measures over recent weeks. "I think the right way of looking at what China's up to, really, is to see it as a process," he told CNBC's "Street Signs Asia" on Monday. His comments come as China's Ministry of Finance signaled Friday that more fiscal support could come next year . Stocks to watch As investors ponder how to navigate the Chinese market, Bernstein said there are attractive opportunities in "growth and high volume stocks [aligned] with policy led rebound." Both Tencent and Meituan trade on the Hong Kong Exchange and in the U.S. as American Depository Receipts (ADR) under the ticker TCEHY and MPNGY .

Persons: Jordan, CNBC's, we've, Paul Cavey, Donald Trump, Carey, Stocks, Bernstein, — CNBC's Evelyn Cheng, Michael Bloom Organizations: Pella Funds, Ministry, Finance, Asia Econ, Healthcare, China Internet, Hong, Hong Kong Exchange Locations: Pella, Asia, Real Estate, downgrades, China, Hong Kong, Tencent, U.S

☆ 9+ Best Early Home Depot Black Friday Deals 2024
▼ + stars: | 2024-11-11 | by ( Cory Fernandez | Cory Fernandez Is A Commerce Editor For Select On Nbc News. | ) www.nbcnews.com time to read: +6 min

While Black Friday is still a couple weeks aways, many retailers, including Home Depot, are already discounting tons of bestselling products from major brands, giving you early access to its holiday deals. I regularly cover deals at popular home and kitchen retailers so I know what brands are actually worth investing in and what makes a good sale. Below, I rounded up the best early Black Friday deals at Home Depot and will continue to update this list through the entirety of the sale. SKIP AHEAD The best early Black Friday sales at Home Depot | Why trust NBC Select? The best early Black Friday sales at Home DepotAll of the items below have at least a 4-star average rating from 500 reviews or more at Home Depot, or are NBC Select editor recommendations or are products from our previous coverage.

Persons: I’ve, Dyson, TikTok Organizations: Home, NBC, Shark, Dyson, AA, Facebook, Twitter

☆ Wisconsin officials believe kayaker missing since summer faked his death and is in Europe
▼ + stars: | 2024-11-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Mirna-Alsharif-Byline-Jm.Jpg | Mirna Alsharif | ) www.nbcnews.com time to read: +3 min

Ryan Borgwardt — a married father of two — went missing on Aug. 12 and his last known location was Green Lake, Green Lake County Sheriff Mark Podoll said during a news briefing Friday. Deputies found a capsized kayak in the lake and Borgwardt's vehicle and trailer parked in Dodge Memorial County Park, Podoll said. Courtesy Green Lake County Sheriff's OfficePodol said the investigation took a turn when it was discovered that Borgwardt’s passport was “run” on Aug. 13., the day after he disappeared. "Due to these discoveries of the new evidence, we were sure that Ryan was not in our lake," Podoll said. Podoll said the investigation into Borgwardt's disappearance still has a lot of missing pieces, including a motive, and where he is right now.

Persons: Ryan Borgwardt —, Green Lake County Sheriff Mark Podoll, Podoll, Borgwardt's, Ryan Borgwardt, Podol, Borgwardt, Ryan Organizations: Green Lake County Sheriff, Dodge, Federal Bureau of Investigation, Department of Homeland Security Locations: Wisconsin, Europe, Uzbekistan, Green Lake County, Dodge Memorial, Lake

The three-way fight to replace outgoing Senate Republican leader Mitch McConnell, R-Ky., pits Senate Minority Whip John Thune, R-S.D., against Sen. John Cornyn, a former McConnell deputy, and underdog candidate Sen. Rick Scott, R-Fla. “It’s a loud online presence that doesn’t ultimately add up to votes in the Senate,” said one Senate Republican aide, who requested anonymity to speak candidly about the race’s dynamics. He supported me in 2022 in my run against Mitch McConnell,” Scott said. “The Senate Republicans — particularly Senate Republican leadership — must understand that the American people put President Trump back in the White House with his America First agenda. And any Republican leader candidate who does not agree with that should get the hell out of the way," he said.

Persons: WASHINGTON —, Donald Trump's “ MAGA ”, Mitch McConnell, John Thune, Sen, John Cornyn, Rick Scott, “, Trump, ” Scott, MAGA, —, Scott —, Tucker Carlson, Scott, Donald Trump ”, Billionaire Trump, Elon Musk, Marjorie Taylor Greene, ” Greene, leapfrog, ”, hasn’t, coy, McConnell, Mike Davis, Davis, Republicans —, Mike Johnson, Ron Johnson, Marco Rubio, Rand Paul, Bill Hagerty, Tommy Tuberville, Rubio, Hagerty, “ I’ve, ” Thune, we’ve, Chuck Schumer, ” Cornyn Organizations: Republican, McConnell, Republicans, Trump, GOP, NBC News, ”, NBC, Senate, America, Republican Party, Fox News, Senate Republican Conference, Democrats Locations: Ky, Florida, Sens

A brand-new Disney cruise ship rushed to the aid of a catamaran taking on water in the Atlantic on Sunday and plucked four people to safety, authorities said. The Disney Treasure responded, saying it was 80 miles from Serenity, before heading to the catamaran and arriving between 1 p.m. and 1:45 p.m., according to the Coast Guard. A life boat from the cruise ship Treasure heads toward a disabled Catamaran. It appeared Disney Treasure was only recently constructed and headed to its future home in Port Canaveral, Florida, when she was unexpectedly called to duty. The Disney Treasure "journeys across the Atlantic Ocean ... in preparation for its inaugural season this December," according to a Disney blog posting on Friday.

Persons: Christine Bills, Thomas, Meyer Werft Organizations: Disney, Coast Guard, U.S . Coast Guard, NBC News, U.S . Virgin Locations: Bermuda, Elizabeth City , North Carolina, U.S, Port Canaveral , Florida, Tortola, British Virgin Islands, St, U.S . Virgin Islands, Bahamas

☆ Tennis Channel removes Jon Wertheim for 'inappropriate' remark about Barbora Krejcikova
▼ + stars: | 2024-11-11 | by ( Marlene Lenthang | Marlene Lenthang Is A Breaking News Reporter For Nbc News Digital. | ) www.nbcnews.com time to read: +3 min

Longtime Tennis Channel commentator Jon Wertheim was been removed from air “indefinitely” after he made an “inappropriate comment” about tennis star Barbora Krejcikova, the network announced Sunday. The Tennis Channel said in a statement it became aware about the comment Wertheim made on Friday, and he was removed “immediately." That said, Tennis Channel holds its employees to a standard of respectfulness for others at all times, a standard that was not met in this moment,” the statement said. The network apologized to Krejcikova, as did Wertheim. Matthew Stockman / Getty ImagesWertheim shared a public apology on X, saying he made “some deeply regrettable comments off-air” during a Tennis Channel studio show on Friday.

Persons: Jon Wertheim, Barbora Krejcikova, Wertheim, “, “ Jon, Krejcikova, ” Barbora Krejcikova, Matthew Stockman, ”, I’ve, ” Krejcikova Organizations: Longtime Tennis, Tennis Channel, King Saud University Indoor, Getty, Tennis, Sports Illustrated, CBS Locations: Riyadh, Saudi Arabia

☆ Dutch police detain 50 protesters at pro-Palestinian rally after soccer unrest
▼ + stars: | 2024-11-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +4 min

Dutch police said they took away more than 300 pro-Palestinian protesters who ignored a ban on demonstrations in Amsterdam on Sunday and detained 50 more following clashes involving Israeli soccer fans last week. In the Netherlands, protest organizers said in a message on Instagram that they were outraged by the “framing” of unrest around the match as antisemitic and called the protest ban draconian. Video showed Maccabi fans chanting anti-Arab slogans and pulling down Palestinian flags in the lead-up to the game. A pro-Palestinian demonstration on the sideline of the UEFA Europa League football match between Ajax Amsterdam and Maccabi Tel Aviv, in Amsterdam on Nov. 7. Police said on Sunday that they would also investigate footage showing Maccabi fans using violence, though a police spokesperson could not immediately confirm which footage exactly would be part of the investigation.

Persons: Benjamin Netanyahu, ”, Israel, Emmanuel Macron’s, Jeroen Jumelet, Olivier Dutilh Organizations: Sunday, Palestine, Palestinian, Hamas, Police, Maccabi Tel, Ajax Amsterdam, Israel’s, Maccabi, Stade de France, UEFA Europa League football, Getty Images Police, Local Locations: Amsterdam, capital’s, “, Gaza, Israel, Maccabi Tel Aviv, Netherlands, United Kingdom, France, Belgium, AFP

Pennsylvania's hotly contested Senate race hangs in the balance nearly a week after Election Day, with Republicans declaring victory and Democrats holding out hope that the remaining batch of outstanding ballots will allow them to close the gap. A McCormick victory would further pad Republicans' newfound majority in the Senate, where they will hold at least 52 seats after the election. But even before the new Congress is sworn in next January, the outcome of the Pennsylvania race could have implications for the Senate leadership elections Wednesday. Pennsylvanians can cast provisional ballots when officials are unclear about their eligibility or there were issues with their returned mail-in ballots. McCormick’s campaign filed two lawsuits Friday challenging an estimated 15,000 to 20,000 provisional ballots in Philadelphia that may have issues, such as missing signatures.

Persons: Pennsylvania's, Democratic Sen, Bob Casey, Dave McCormick, McCormick, Casey, Sen, Casey's, Maddy McDaniel, Donald Trump's, Mitch McConnell, Chuck Schumer, John Thune of, Schumer, ” Sen, Tom Cotton, Alex Nguyen, Ruben Gallego, Republican Kari Lake, McCormick’s, John Fetterman, Republican Mehmet Oz, What’s, Kamala Harris Organizations: NBC News, Democratic, Associated Press, GOP, Fox News, Senate, Republicans, Arizona Democratic, Republican, NBC, U.S, Supreme, Pennsylvania, Trump Locations: Washington, Philadelphia, Pennsylvania, Kentucky, John Thune of South Dakota

☆ 24 more monkeys found after 43 escape from South Carolina research facility
▼ + stars: | 2024-11-11 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +2 min

An additional 24 monkeys believed to be among 43 that escaped a South Carolina research facility last week have been recovered, and eyes are on a "sizable group" nearby, police said Sunday. Sunday's capture comes a day after the recovery of one of the Rhesus macaques that escaped the Alpha Genesis Primate Research Center in the town of Yemassee, South Carolina. Police cited Alpha Genesis CEO Greg Westergaard for confirming recovery of the 24 on Sunday. "The Alpha Genesis team is continuing its efforts and will continue until all animals are safely recovered," police said. Alpha Genesis provides “nonhuman primate products and bio-research services,” according to its website.

Persons: Greg Westergaard, Westergaard Organizations: Alpha Genesis Primate Research Center, Yemassee Police, Police, Alpha Locations: South Carolina, Yemassee , South Carolina, Charleston

☆ 10 things to watch in the stock market Monday, including Tesla and Nvidia
▼ + stars: | 2024-11-11 | by ( Jeff Marks | ) www.cnbc.com time to read: +4 min

Wedbush's Dan Ives raised his price target on Tesla to $400 a share from $300, implying 24.5% upside from Friday's close. More love for longtime Club stock Nvidia : Morgan Stanley upped its price target on the AI chip king to $160 a share from $150 at Morgan Stanley. Club name Palo Alto Networks had its PT raised to $425 a share from $410 at Barclays. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Wedbush's Dan Ives, Donald Trump's, Trump, Wednesday's, Cigna, Morgan Stanley, Piper Sandler, Dell, Wells, Jim Cramer's, Jim Cramer, Jim Organizations: Trump, Nasdaq, Dow, Home, Disney, JPMorgan, Cisco Systems, Cisco, Humana, Medicare, Club, BlackRock, Deutsche Bank . BlackRock, House, Wolfe Research, Warner Bros, longtime Club, Nvidia, Melius, Dell Technologies, Bank of America, PT, Federal, Palo Alto Networks, Barclays, Analysts, Jim Cramer's Charitable, CNBC Locations: Ives, Wells, Alto, Palo

☆ The iShares Bitcoin ETF is now bigger than its gold counterpart following rush into crypto on Trump win
▼ + stars: | 2024-11-11 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: 1 min

Blackrock iShares Bitcoin Trust ETF (IBIT) signage at the Nasdaq MarketSite in New York on Jan. 11, 2024. The rapidly growing iShares Bitcoin Trust (IBIT) has now blown past one of the biggest funds in an old-school category of investing: gold. According to FactSet, the bitcoin exchange-traded fund had roughly $34.3 billion in AUM as of Friday. That puts it above the iShares Gold Trust (IAU) , which had just under $33 billion. The asset numbers do not yet reflect the most recent crypto rally over the weekend, when bitcoin surged above $80,000.

Persons: FactSet, bitcoin, IBIT Organizations: Blackrock, Nasdaq, Trust Locations: New York

☆ CNBC Daily Open: Trump kicked off the market rally, but he could also halt it
▼ + stars: | 2024-11-11 | by ( Yeo Boon Ping | ) www.cnbc.com time to read: +2 min

Andrew Kelly | ReutersThis report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. What you need to know todayThe bottom lineWhen the numbers are this good, you've got to start with them. "Equities are eager to price in Trump's domestic growth policies," Barclays strategist Venu Krishna said in a note to clients. While the Trump rally has gotten off to a roaring good start, it remains to be seen when — and more importantly, how — it'll end.

Persons: Republican Donald Trump, Andrew Kelly, you've, Russell, Venu Krishna, Mislav Matejka, Neel Kashkari, Kashkari, — CNBC's Sean Conlon, Yun Li, Jesse Pound, Hakyung Kim Organizations: Republican, U.S, New York Stock Exchange, Reuters, CNBC, Dow Jones, Nasdaq, Trump, Barclays, JPMorgan, Minneapolis Locations: New York City, U.S

☆ Here's what a new Trump administration could mean for your money, financial advisors say
▼ + stars: | 2024-11-11 | by ( Lorie Konish | ) www.cnbc.com time to read: +4 min

Leah Millis | ReutersNow that Donald Trump has been elected president, many individual investors are wondering what that means for their money. Yet, when it comes to long-term performance of the markets and policies that Trump proposed on the campaign trail, financial advisors say it's best to take a wait-and-see approach before making any big money decisions. Lee Baker, a CFP and owner of Claris Financial Advisors in Atlanta, said he's also told clients not to make wholesale financial changes now. Many investors expect Trump to lead with faster economic growth and more market-friendly policies, said Francis during a Friday webcast on what Trump's presidency could mean for investors' money. While those policies would put more money in Americans' pockets, Francis noted, other experts say it's too soon to count on those changes.

Persons: Donald Trump, Leah Millis, Trump, Jude Boudreaux, Boudreaux, Lee Baker, he's, Baker, I've, Stacy Francis, Francis Financial, Francis, it's, Marguerita Cheng, Cheng, Trump's, David Haas, CNBC.com Organizations: Trump, U.S . Capitol, Reuters, Dow Jones, CNBC FA, Claris Financial, Francis, Blue, Global Wealth, Social Security, Cereus Financial, Security Locations: U.S, Washington , U.S, New Orleans, Atlanta, New York City, Gaithersburg , Maryland, Franklin Lakes , New Jersey

☆ The stock market is about to do something extremely rare in its history
▼ + stars: | 2024-11-11 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

The S & P 500 is on pace to deliver a second straight year of gains above 20%. After last week's postelection rally, the S & P 500 is now up by about 26% on the year. .SPX YTD mountain S & P 500, year to date Thatte called the market advance "exceptional," even before last week's surge to all-time highs. That means that, if history repeats itself, the S & P 500 should end 2024 above 6,000. What's more, Oppenheimer found that gain matching the median advance in those 11 years would push the S & P 500 to finish higher than 6,200.

Persons: week's, Parag, Donald Trump, Thatte, That's, Oppenheimer Organizations: Deutsche Bank

☆ A history professor who accurately predicted 9 of the last 11 elections said he got death threats after getting his 2024 race bet wrong
▼ + stars: | 2024-11-11 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +2 min

Lichtman, who has accurately predicted nine elections to date, called a Harris win in September. He said he's received death threats and that there were two break-in attempts on his home. AdvertisementAllan Lichtman, the history professor who correctly predicted nine of the last 11 presidential elections, said he's received death threats after wrongly predicting 2024's results. Lichtman predicted a win for Vice President Kamala Harris over her opponent, former President Donald Trump, in September. "We've faced death threats, doxxing, swatting and intimidation at our doorstep.

Persons: Allan Lichtman, Lichtman, he's, —, Kamala Harris, Donald Trump, We've, Harris Organizations: Harris, Service, American University, Washington, DC Metropolitan Police Department, Business, YouTube, The New York Times, Trump, Republican

☆ Trump tariff threat looms large on several Asian countries — not just China — says Goldman Sachs
▼ + stars: | 2024-11-11 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +4 min

President Donald Trump meets business leaders at the Great Hall of the People in Beijing, China, in November, 2017. Donald Trump's victory in U.S. elections has raised the specter of higher tariffs on China — but it may not be the only Asian country that faces this predicament, according to Goldman Sachs. Meanwhile, Vietnam's trade surplus with the U.S between January and September stands at $90 billion. U.S. data shows that the U.S. trade deficit with China narrowed to $279.11 billion in 2023, from $346.83 billion in 2016. Regardless of tariffs, Goldman still expects continued pressure for the relocation of certain supply chains from China to Southeast Asia, India or Mexico in particular.

Persons: Donald Trump, Donald Trump's, Goldman Sachs, Trump, Andrew Tilton, Tilton, Mr Trump, Trump's, Brian Tan, Mari Pangestu, Pangestu, Goldman Organizations: of, People, Pacific, Trump, U.S, United, Emerging Asia, Barclays Bank, FT Commodities Locations: Beijing, China, U.S, Asia, Korea, Taiwan, Vietnam, South, United States, India, Japan, Singapore, Thailand, Malaysia, Mexico, Indonesia, Trump, Southeast Asia

☆ Wedbush’s Dan Ives raises Tesla price target to $400, says Trump win is a ‘gamechanger’
▼ + stars: | 2024-11-11 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Shares of Tesla are set to soar under a second Trump presidency, according to widely followed analyst Dan Ives of Wedbush. Ives reiterated his outperform rating and hiked his 12-month price target for the electric vehicle manufacturer to $400 from $300. A Trump win will further clear the federal regulatory spiderweb that Tesla has encountered over the past few years. A Trump win also means a more bearish outlook for the overall electric vehicle industry, since it is more likely that rebates and tax incentives will be pulled. TSLA YTD mountain TSLA YTD chart

Persons: Dan Ives, Ives, Donald Trump's, Elon Musk, Tesla, Trump, Musk Organizations: Tesla, Trump, Trump White House, EV Locations: Wedbush, China

☆ GM's Wall Street vindication is happening as it outperforms its peers in 2024
▼ + stars: | 2024-11-11 | by ( Michael Wayland | ) www.cnbc.com time to read: +3 min

Jeff Kowalsky | Bloomberg | Getty ImagesDETROIT — General Motors is proving it's a standout among automakers this year as it continues to consistently outperform Wall Street's earnings expectations and its competitors. For the most part, GM stock has traded in lockstep with Ford due to their histories and the cyclical nature of the automotive industry. Ford stock is off 10% as of Friday's close. Others, including Ferrari , which has been among Wall Street's top auto performers, are also trailing GM. Shares of GM under Barra, who started leading the automaker in January 2014, have been lackluster for investors for most of her tenure.

Persons: Mary Barra, Jeff Kowalsky, John Murphy, Wall, it's, Donald Trump, Elon Musk Organizations: General Motors Co, Bloomberg, Getty, DETROIT —, Detroit, Rivian, BofA Securities, GM, Ford Motor, Chrysler, General, Ford, Ferrari, Tesla, U.S, Trump . General Motors, Hyundai, Toyota, Honda, Volkswagen, Nissan, Barra Locations: Detroit , Michigan, U.S, lockstep

☆ Asia-Pacific markets poised to fall after China reports lower-than-expected inflation rate
▼ + stars: | 2024-11-11 | by ( Lim Hui Jie | ) www.cnbc.com time to read: +1 min

Asia-Pacific markets were set to fall Monday after China's October inflation numbers came in lower than expected, prompting concerns over the recovery in the world's second-largest economy. The country's inflation rate declined to 0.3%, missing expectations of 0.4% and also lower than the 0.4% seen in September. On Monday, China will also kick off its Singles' Day — the equivalent of Black Friday in the country. A note from ING on Friday said that Singles' Day will show how consumption was faring in China. "We suspect that given the shift toward value-for-money purchases and online shopping, we'll continue to see solid growth numbers from the event that should comfortably outpace the overall consumption growth momentum."

Organizations: ING Locations: Nanjing, East China's Jiangsu, Asia, Pacific, China

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